Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Asyad, CMA CGM Partner on $400M Logistics Terminal in Oman

Asyad, CMA CGM Partner on $400M Logistics Terminal in Oman

JS Alliance Successfully Completes Indian Liquid Cargo Berth

JS Alliance Successfully Completes Indian Liquid Cargo Berth

Heritage Capital Group Appoints Jamie McCurry as Industry Specialist

Heritage Capital Group Appoints Jamie McCurry as Industry Specialist

CMA CGM, Asyad Plan $400m Terminal at Sohar Port

CMA CGM, Asyad Plan $400m Terminal at Sohar Port

Subscribe for Maritime Logistics Professional E‑News

Honeywell Aerospace debuts on Nasdaq
JetBlue Flight Hit Drone While Approaching JFK Airport, FAA Says
Fuel shortages are spreading to other parts of Russia due to the Ukrainian attack